Rogers $5.2B sale to Dupont said to gain Korean antitrust approval

  • Dupont's (NYSE:DD) planned $5.2 billion acquisition of Rogers Corp . (NYSE:ROG) is said to be approved by Korea's antitrust regulator and is seeing a smooth review in China.
  • The Korean Fair Trade Commission cleared the transaction unconditionally earlier this month, according to a Dealreporter item, which cited sources familiar. China's antitrust regulator started its review in February and the examination is said be going smoothly.
  • Dupont said when the deal was announced in early November it was expected to close in the second quarter of 2022. One source told Dealreporter that the deal hasn't hit any antitrust related issues and is on track to close in Q2.

    For this year Rogers Corp 's (located in Chandler) revenue will be around 1.01 billion USD. This is according to the average of the analysts' estimates. The expected revenue would be the highest in her history. This is quite lower than 2021's revenue of 932.89 million USD.

    Historical revenues and results Rogers Corp plus estimates 2022

    financiële analyse

    The analysts expect for 2022 a net profit of 118 million USD. The majority of the analysts expects for this year a profit per share of 7.22 USD. So the price/earnings-ratio equals 37.69.

    Analysts don't expect the company to pay a dividend. The average dividend yield of the electronics companies equals an attractive2.49 percent.

    Rogers Corp 's market value equals around 5.08 billion . 44

    On Wednesday the stock closed at 272.12 USD.

    Historical stock prices Rogers Corp

    stock rogerscorp

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